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    South African Reserve Bank Governor Lesetja Kganyago stated that the new 3% inflation target has enabled the country to enter a low-inflation environment.

    South Africa’s 3% inflation target could offer stability for SMEs

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Photo: The Guardian

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    South Africa’s 3% inflation target could offer stability for SMEs

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    Quiet trading floors in January are forcing many small businesses to delay new hires until cash flow improves.

    Hiring on hold as slow January trading squeezes cash flow

    Bricklayers and small construction teams operating as micro-enterprises, often without formal registration, access to finance, or long-term contracts.

    Informal builders behind growing home building economy

    Bank confirmation letters are consistently cited by contracting authorities as a mandatory compliance document for tender submissions

    Why bank confirmation letters are crucial in tendering

    Parents shop selectively for school essentials as rising costs reshape back-to-school spending.

    January spending squeeze tightens margins for township retailers

    Minister Stella Ndabeni-Abrahams says the government has injected over R760 million into small businesses.

    SMEs continue to face challenges despite R760m state investment

    The SA Revenue Services is sourcing third-party data from banks and other sources.

    SARS incorporates third party data from banks and other sources

    For traders operating near school gates and taxi drivers transporting learners daily, the reopening of schools often marks the first chance to stabilise income after uneven December trading

    Traders and transport operators face back-to-school pressure

    Minister Stella Ndabeni Abrahams'  Department of Small Business Development has re-launched the Asset Assist Programme which was previously implemented through the Small Enterprise Development and Finance Agency.

    Emerging businesses concerned over state’s Asset Assist Programme

    Experts advise SMEs to keep a clean financial record to secure loans. Photo. Banking Association of SA

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  • Business
    South African Reserve Bank Governor Lesetja Kganyago stated that the new 3% inflation target has enabled the country to enter a low-inflation environment.

    South Africa’s 3% inflation target could offer stability for SMEs

    Quiet trading floors in January are forcing many small businesses to delay new hires until cash flow improves.

    Hiring on hold as slow January trading squeezes cash flow

    Wind and operational issues hold fruit exports at Cape Town port.

    SMEs hit by delays at Cape Town port

    Construction partnership drives SME participation

    Bricklayers and small construction teams operating as micro-enterprises, often without formal registration, access to finance, or long-term contracts.

    Informal builders behind growing home building economy

    Widespread flooding threatens livelihoods in tourism sector

    Komani Pitso, executive vice president for Procurement and Logistics (IMSAf), Lubin Ozoux, CEO, (Dunlop Tyres), Matthew Nondwayi (Eastern Cape Tyres), and Billy Tom, president (IMSAf)

    Local supplier moves into Isuzu’s automotive value chain

    Hotel 247 meets European buyers. Hotel 247 director Khosi Mthalane said the programme is offering rare exposure to international buyers and strengthening confidence among participating SMEs.

    Tourism roadshow opens European market for local operators.

    Bank confirmation letters are consistently cited by contracting authorities as a mandatory compliance document for tender submissions

    Why bank confirmation letters are crucial in tendering

    Kenya is leading the charge in promoting biogas technology as a renewable energy source. Photo. Go Green East Africa

    Biogas emerges as opportunity for small scale farmers

  • Agriculture
    Kenya is leading the charge in promoting biogas technology as a renewable energy source. Photo. Go Green East Africa

    Biogas emerges as opportunity for small scale farmers

    Farmers battle rising waters and losses as heavy rains damage fields and livelihoods. Photo: Steffen Schneider

    Flood disaster deepens crisis for small-scale farmers

    Smallholder farmers are counting heavy losses as floods and persistent rains submerge livestock kraals across parts of Limpopo.
Photo: The Guardian

    Floods expose vulnerability of uninsured farmers

    The table grape and raisin industry is preparing for the 2026 harvest season. Photo. Lucas Ledwaba\Mukurukuru Media

    Table grape industry aims to reduce risks during 2026 harvest

    Farmers are hoping to meet strict tax and admin compliance regulations in the new year.

    Farmers aim to meet tax and admin compliance in new year

    A locally developed point-of-care diagnostic test for foot and mouth disease (FMD) is expected to strengthen business continuity in South Africa’s livestock sector. Photo. Stellenbosch University

    Foot and mouth diagnostic innovation offers relief for farmers

    Eastern Cape village farmers are cashing in on festivities during the December holidays. Photo. Lucas Ledwaba\Mukurukuru Media

    Village farmers coining it as communities throw festive feasts

    Western Cape Minister of Agriculture, Economic Development and Tourism Dr Ivan Meyer with  Paul Siguqa. Photo: Facebook

    Black wine cellar owner breaks new ground in industry value chain

  • Innovation
    A new app helps school leavers find vacancies at varsities and relevant courses. Photo. Wits University

    Innovative entrepreneur’s app helps students access varsity

    Township-based tutoring businesses are emerging as an important and fast-growing support system. Photo. CPD Online College

    Back-to-school rush boosts township tutoring businesses

    DSTI's Director-General Dr Mlungisi Cele and CSIR CEO Dr Thulani Dlamini during the launch of CSIR's Hot Isostatic Press facility. Photo: CSIR

    New CSIR facility opens advanced manufacturing access for SMEs

    A locally developed point-of-care diagnostic test for foot and mouth disease (FMD) is expected to strengthen business continuity in South Africa’s livestock sector. Photo. Stellenbosch University

    Foot and mouth diagnostic innovation offers relief for farmers

    CSIR robotics experts Dr Sunveer Matadin (white shirt) and community health worker and disability consultant Ruth Stubbs with the Buddy4Life cerebral palsy prototype device, 26 November 2025.

    Science research body seeks SME support for new health product

    eNL Mutual Bank is a new entrant in the banking sector.

    Women owned mutual bank enters banking sector

    Import dependent SMEs hope RMB payments will reduce delays and exchange rate losses.

    RMB payments set to improve import trade for SMEs

    South Africa’s tourism sector is positioning itself for a more tech-driven future following the launch of a Smart Tourism Visitor Information Centre (VIC) at OR Tambo International Airport.

    ORT airport digital centre gives SMEs exposure

    The Chief Commercial Officer of HisWay Labs, Mr Kent Gibbon, showcasing TrackView on Day 1 of the Rail Live 2025.

    South Africa’s small rail engineers target international markets

    SMEs in the Tshwane Metro have been given an opportunity to learn online marketing skills. Graphic. nanos.ai

    SMEs look to score from Tshwane’s free digital marketing course

  • Finance
    South African Reserve Bank Governor Lesetja Kganyago stated that the new 3% inflation target has enabled the country to enter a low-inflation environment.

    South Africa’s 3% inflation target could offer stability for SMEs

    Experts advise SMEs to keep a clean financial record to secure loans. Photo. Banking Association of SA

    Experts warn SMEs about lack of understanding of bank fees

    Santam’s London launch marks significant shift for SA’s insurer

    Small businesses anticipate steady economic gains in 2026

    Rising tax pressure puts SMEs under strain ahead of 2026 budget

    eNL Mutual Bank is a new entrant in the banking sector.

    Women owned mutual bank enters banking sector

    Small businesses are still feeling the pinch despite recent economic growth, with many consumers sticking to essentials and delaying larger purchases

    SMEs cautious as GDP growth fails to translate into real gains

    SMEs say cost pressures are increasing as price hikes become unavoidable. Photo: Facebook

    SMEs brace for tough 2026 amid rising costs

    Import dependent SMEs hope RMB payments will reduce delays and exchange rate losses.

    RMB payments set to improve import trade for SMEs

    Experts agree that global commitments made at the G20 Leaders’ Summit could unlock significant benefits for small businesses

    G20 Summit could unlock significant benefits for SMEs

  • Tourism
    Hotel 247 meets European buyers. Hotel 247 director Khosi Mthalane said the programme is offering rare exposure to international buyers and strengthening confidence among participating SMEs.

    Tourism roadshow opens European market for local operators.

    A German couple hosted by Shepherd Tourism Tours in Bloemfontein on the 10th of January 2026, showcasing the Free State as a province to go to, not a province to go through.

    Tourism SMEs seek to beat off season blues

    Sandton Convention Centre stands ready to host Meetings Africa 2026, positioning Johannesburg at the centre of Africa’s business events dialogue.

    Africa’s tourism sector calls for impact at Meetings Africa

    Township taverns are seeing a drop in match-day crowds. Photo: issuu.com

    Entertainment SMEs running on empty after Bafana’s Afcon exit

    Tourism entrepreneurs close 2025 with cautious optimism

    Qantas – Joburg route opens new growth avenues for tourism SMEs

    Boardwalk has created space for informal traders. Sun-Park-Events

    Premier fun complex creates business space for small traders

    In preparation for peak season demand, accommodation providers across the country have scaled up operations.

    Hospitality sector scales up operations for festive season

    Rental operators say December bookings for long-distance travel have surged.

    Festive rush gives car rental companies the voooma

  • Advertise
  • Resources
    • All
    • Business Tools & Templates
    • Compliance & Legal
    • Funding & Opportunities
    • Thoughts & Sharing tips
    • Township Policy & Government
    Quiet trading floors in January are forcing many small businesses to delay new hires until cash flow improves.

    Hiring on hold as slow January trading squeezes cash flow

    Bricklayers and small construction teams operating as micro-enterprises, often without formal registration, access to finance, or long-term contracts.

    Informal builders behind growing home building economy

    Bank confirmation letters are consistently cited by contracting authorities as a mandatory compliance document for tender submissions

    Why bank confirmation letters are crucial in tendering

    Parents shop selectively for school essentials as rising costs reshape back-to-school spending.

    January spending squeeze tightens margins for township retailers

    Minister Stella Ndabeni-Abrahams says the government has injected over R760 million into small businesses.

    SMEs continue to face challenges despite R760m state investment

    The SA Revenue Services is sourcing third-party data from banks and other sources.

    SARS incorporates third party data from banks and other sources

    For traders operating near school gates and taxi drivers transporting learners daily, the reopening of schools often marks the first chance to stabilise income after uneven December trading

    Traders and transport operators face back-to-school pressure

    Minister Stella Ndabeni Abrahams'  Department of Small Business Development has re-launched the Asset Assist Programme which was previously implemented through the Small Enterprise Development and Finance Agency.

    Emerging businesses concerned over state’s Asset Assist Programme

    Experts advise SMEs to keep a clean financial record to secure loans. Photo. Banking Association of SA

    Experts warn SMEs about lack of understanding of bank fees

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Beauty industry continues to feel effects of Covid-19

by Tebogo Mokwena
September 30, 2020
in Business
Reading Time: 4 mins read
A A
South Africa's beauty industry will still experience the financial aftermath long after the COVID-19 pandemic has passed.  Photo by Edgar Chaparro/Unsplash

South Africa's beauty industry will still experience the financial aftermath long after the COVID-19 pandemic has passed. Photo by Edgar Chaparro/Unsplash

There will be a long lasting financial impact in the beauty industry even after the Covid-19 has left our shores.
The industry was already struggling because of the slow economic growth before Covid-19 and they were losing customers.
This is according to Frik Bekker, acting CEO of the National Bargaining Council for the Hairdressing, Cosmetology, Beauty and Skincare Industry who told Vutivi News that the lockdown added serious pressure on the beauty industry.
“With no work being able to be rendered from 27 March 2020 up to when Personal Care was allowed to return (19 June 2020) there was no income generated by these establishments and also no payments that could be made to employees
“The lockdown had the effect that many establishments went into serious debt to stay afloat while many were not able to reopen once the lockdown was lifted. In essence, all personal care establishments could return to work apart from those operating from resorts and hotels. These establishments are only now from 17 August able to return to work which meant a lockdown period for these salon owners and employees of almost 5 months with no income.”

READ MORE: Informal sector can help boost SA economy 

Bekker considered the hairdressing industry as a significant contributor to the country’s economy.
The total size of the hairdressing industry is evaluated over R1 billion (sell-in value) for the full year of 2019.
Knowing that the salons recharge products through services or retail between 50% and 60% more to clients, the market of hairdressing (including only wet hair = no hair extensions figures) is most probably over R2 Billion ZAR. Adding the beauty industry, the total should be exceeding R2.5 Billion.Vutivi News interviewed two hairdressers, both operating in zone 11 in Sebokeng in the Vaal. These men, who ply their trade transforming locals’ heads into the stuff that turned heads, have seen better days.
Lucky Nkuna, 27, who owns Thulani Salon, has been running his business since 2011. He has been doing people’s hair since he was a teenager, a trade he began playing when he was 13.
“I (opened) a hair salon because I wanted to have a business that is mine, as I was tired of working for other people,” adding that business was doing great before the pandemic.
“Even though days were not the same, we would see an average of ten people when it isn’t busy. Month-end and paydays would be different, since people had money to do more expensive hairstyles.”
Lucky closed for 21 days during the first lockdown, and then for two weeks afterwards. He was only able to operate again under level three. “I mean, business is extremely slow these days,” he said.
“I took a profit knock. Even when we were told to apply for relief funding, I couldn’t because I don’t have information regarding the relief funding,” he said.
Nkuna said that he was hoping that things would change since the country was placed under level two.
I see more people are going back to work, so maybe the number of customers will increase,” he said.
Sophania Makayi who also owns a hair salon in zone 11, Sebokeng said he had been running his salon since 2005, a trade he also learned in his youth. “Business was good, because most of my customers are school children. However, it has been increasingly difficult since this disease invaded our lives. I was even forced to lay off one employee because I simply cannot afford to pay another person.”
He said that young children and the youth were his biggest clients, but they have not been visiting the salon lately.
He said that he hoped that things would be different under level two since children would be going back to school so maybe things might go back to the way they were before.

READ MORE: Small Business Development department comes to the aid of informal traders

Tags: Beauty industryCOCOVID-19Financial impact of COVID-19Salons
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Vutivi is a digital business news platform that will serve the Small Medium Micro Enterprises in the form of writing stories that will be informative about their sector. We pledge to deliver a commercially sustainable, world-class digital financial and business news service that is a must-read while being responsive to readership needs and tailor-making packages for SMMEs.

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